Swiss Economicblogs.org
Part II of II A good start Whatever one might think about which currency is better suited to be used in trade or as a benchmark or as a central bank reserve, the fact remains that the USD’s days as the “only right answer” to that question are numbered. It might not happen tomorrow, but a credible challenger will eventually emerge. As Patrick Barron also highlighted in his analysis: “Led by China and later by Russia, some nations of the world, not wholly within the US orbit,...
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